In cell D7, enter a formula without using a function that multiples the Monthly_Payment (cell D6) by the Term_in_Months (cell D5), and then subtracts the Loan_Amount (cell B8) from the result to determine the total interest.In cell D8, enter a formula without using a function that adds the Price (cell B6) to the Total_Interest (cell D7) to determine the total cost. 26. Calculate the total interest and cost as follows:In cell D7, enter a formula without using a function that multiples theMonthly_Payment (cell D6) by the Term_in_Months (cell D5), and thenSaved to this PC acts the Loan_Amount (cell B8) from the result to determine the totalmerest.a.b.In cell D8, enter a formula without using a function that adds the Price (cell B6) tothe Total_Interest (cell D7) to determine the total cost.

The formulas for option a and b are given in the below step I cannot provide any output screenshot…

In cell D7, enter a formula without using a function that multiples the Monthly_Payment (cell D6) by the Term_in_Months (cell D5), and then subtracts the Loan_Amount (cell B8) from the result to determine the total interest. In cell D8, enter a formula without using a function that adds the Price (cell B6) to the Total_Interest (cell D7) to determine the total cost.

In cell D7, enter a formula without using a function that multiples the Monthly_Payment (cell D6) by the Term_in_Months (cell D5), and then subtracts the Loan_Amount (cell B8) from the result to determine the total interest. In cell D8, enter a formula without using a function that adds the Price (cell B6) to the Total_Interest (cell D7) to determine the total cost.

Np Ms Office 365/Excel 2016 I Ntermed

1st Edition

ISBN:9781337508841

Author:Carey

Publisher:Carey

Chapter3: Performing Calculations With Formulas And Functions

Section: Chapter Questions

Problem 8RA

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